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New Launch Projects in Mumbai South

Mumbai South currently has 93+ new launch projects open for booking, drawn from 93 total listings in the belt and 34,351 across Mumbai. This page brings all new residential projects in South Mumbai together so you can compare by locality, type, configuration and possession date. New launches here average ₹53,150 (psf). Developers active across the belt include Lodha, Kalpataru, Rustomjee, Runwal, The Wadhwa Group, Ruparel, Godrej, Chandak, Ajmera, Mahindra Lifespaces. New building projects in South Mumbai are increasingly redevelopment-led, replacing older structures with modern towers across Worli, Malabar Hill, Cuffe Parade, Lower Parel and Parel. Projects such as Godrej Trilogy, JP Codename Matunga Origins, Rustomjee Vista Bay, Embassy Citadel, Runwal Malabar are among the launches drawing the most enquiries, alongside established Mumbai South developments such as Godrej Trilogy, LnT Island Cove, JP Codename Matunga Origins, Piramal Mahalaxmi, Runwal Timeless. Filter by locality, verify MahaRERA before shortlisting.
Showing 91 Projects
  • Ready to Move
    Ready to Move
  • Under Construction
    Under Construction
  • New Launch
    New Launch
  • Upcoming
    Upcoming
  • Affordable Housing
    Affordable Housing
  • Luxury Housing
    Luxury Housing
New Launch Possession Dec 2033
Number of Units 257
Total area 2.17 acres
Major Road Connectivity 28 Amenities Private Elevators 50+ Storey Arabian Sea Views
Available Configurations
3 BHK
₹18.89 Cr
1749 Sq. Ft
3 BHK
₹19.07 Cr
1766 Sq. Ft
4 BHK
₹23.44 Cr
2170 Sq. Ft
4 BHK
₹29.96 Cr
2774 Sq. Ft

Godrej Trilogy is a new benchmark of fine living rising in Worli, an upscale residential and business district in South Mumbai, which is famous for seamless connectivity and sea views.

New Launch Possession Dec 2030
Number of Units 176
Total area 0.66 acres
Road Connectivity 9+ Amenities Compact Layout Natural Light New Launch
Available Configurations
2 BHK
₹2.94 Cr
625 Sq. Ft
2 BHK
₹3.29 Cr
700 Sq. Ft
3 BHK
₹4.23 Cr
900 Sq. Ft
New Launch Possession Dec 2032
Number of Units 419
Total area 4 acres
Bandra-Worli Sea Link Access 30+ Amenities Rooftop Celestial Club Ultra-Luxury Residences Designed by Broadway Malyan & STX
Available Configurations
3 BHK
₹11.30 Cr
1738 Sq. Ft
3 BHK
₹12.86 Cr
1979 Sq. Ft
4 BHK
₹14.35 Cr
2208 Sq. Ft
4 BHK
₹16.30 Cr
2508 Sq. Ft
5 BHK
₹27.85 Cr
4285 Sq. Ft
6 BHK
₹54.74 Cr
8421 Sq. Ft
6 BHK
₹55.19 Cr
8491 Sq. Ft

Runwal Raaya in Worli isn’t just a home, it’s an experience crafted to redefine what luxury living truly means. Thoughtfully designed to blend grandeur with warmth, Runwal, Raaya stands as a statement of elegance, exclusivity, and comfort that makes everyday life feel extraordinary.

New Launch Possession Jul 2031
Number of Units 605
Total area 3.54 acres
Eastern Express Highway 25+ Amenities Ultra-luxury residences New Launch Near BKC
Available Configurations
1 BHK
501 Sq. Ft
2 BHK
₹3.25 Cr
724 Sq. Ft
2 BHK
₹3.72 Cr
828 Sq. Ft
3 BHK
₹4.22 Cr
941 Sq. Ft
3 BHK
₹5.40 Cr
1202 Sq. Ft
4 BHK
₹6.53 Cr
1454 Sq. Ft
4 BHK
₹10.38 Cr
2313 Sq. Ft
New Launch Possession Jun 2032
Number of Units 45
Total area 0.5 acres
Coastal Road 16+ Amenities 37-storey tower New Launch
Available Configurations
3 BHK
2375 Sq. Ft
4 BHK
2433 Sq. Ft
4 BHK
2993 Sq. Ft
5 BHK
3323 Sq. Ft

Price On Request

New Launch Possession Mar 2031
Number of Units 834
Total area 5.62 acres
Over 30 Amenities Triple-height Lobbies Roman-themed Landscaping 10-foot Ceilings Open Greens
Available Configurations
2 BHK
₹2.44 Cr
696 Sq. Ft
2 BHK
₹3.04 Cr
873 Sq. Ft
3 BHK
₹3.56 Cr
1022 Sq. Ft
3 BHK
₹4.55 Cr
1316 Sq. Ft
New Launch Possession Mar 2034
Number of Units 310
Total area 2.11 acres
Near Atal Setu 27+ Amenities 64th Floor Leisure 56-Floor Tower Skyline Views
Available Configurations
2 BHK
₹4.55 Cr
847 Sq. Ft
3 BHK
₹5.48 Cr
1021 Sq. Ft
3 BHK
₹6.58 Cr
1224 Sq. Ft

Sobha Inizio is designed for people who want a calm and elevated life in Mumbai. The project brings a clean layout, well-planned spaces, and a peaceful setting. It stands along the eastern waterfront, right at the cusp of the Atal Setu.

New Launch Possession Jan 2031
Number of Units 195
Total area 1.52 acres
22+ Amenities Miyawaki Forest Two-Wing Structure Sea Views Zen Gardens
Available Configurations
2 BHK
₹3.60 Cr
805 Sq. Ft
3 BHK
₹4.65 Cr
1040 Sq. Ft
3 BHK
₹6.07 Cr
1357 Sq. Ft
New Launch Possession Jun 2032
Number of Units 10
Total area 0.25 acres
Upcoming metro corridors 18+ Amenities Exclusive South Mumbai durable RCC structure prestigious Malabar Hills
Available Configurations
3 BHK
₹33.00 Cr
2420 Sq. Ft
5 BHK
₹69.59 Cr
4900 Sq. Ft
New Launch Possession Jul 2033
Number of Units 128
Total area 1.32 acres
Chhatrapati Shivaji Maharaj International Airport 12+ Amenities New Launch Located in Tardeo
Available Configurations
2 BHK
1214 Sq. Ft
2 BHK
1625 Sq. Ft

Price On Request

New Launch Possession Jun 2034
Number of Units 316
Total area 1.9 acres
Eastern Express Highway 26+ Amenities Direct Sea Views New Launch Worli Address
Available Configurations
3 BHK
₹14.33 Cr
1884 Sq. Ft
4 BHK
₹16.21 Cr
2130 Sq. Ft
4 BHK
₹27.35 Cr
3594 Sq. Ft
5 BHK
₹42.30 Cr
5560 Sq. Ft
New Launch Possession Dec 2031
Number of Units 198
Total area 2 acres
Airport Connectivity 15+ Amenities Arabian Sea Views Decks Maximum Natural Light
Available Configurations
3 BHK
₹6.30 Cr
1238 Sq. Ft
3 BHK
₹7.78 Cr
1528 Sq. Ft
4 BHK
₹8.45 Cr
1661 Sq. Ft
4 BHK
₹8.51 Cr
1673 Sq. Ft
New Launch Possession Jun 2033
Number of Units 195
Total area 0.62 acres
Near Highways Vibrant community 9+ Amenities Durable construction Work-life balance
Available Configurations
2 BHK
1495 Sq. Ft
3 BHK
2036 Sq. Ft
4 BHK
2359 Sq. Ft

Price On Request

New Launch Possession Nov 2028
Number of Units 19
Total area 0.1 acres
Available Configurations
1 BHK
₹3.11 Cr
465 Sq. Ft
1 BHK
₹3.49 Cr
523 Sq. Ft
3 BHK
₹6.20 Cr
928 Sq. Ft
3 BHK
₹6.38 Cr
955 Sq. Ft
New Launch Possession Dec 2029
Number of Units 95
Total area 0.53 acres
Available Configurations
1 BHK
₹2.88 Cr
429 Sq. Ft
2 BHK
₹3.97 Cr
648 Sq. Ft
2 BHK
₹4.57 Cr
746 Sq. Ft
3 BHK
₹4.82 Cr
786 Sq. Ft
3 BHK
₹5.71 Cr
932 Sq. Ft
New Launch Possession Dec 2031
Number of Units 516
Total area 2.25 acres
Available Configurations
2 BHK
₹3.50 Cr
761 Sq. Ft
2 BHK
₹3.70 Cr
832 Sq. Ft
3 BHK
₹4.20 Cr
1118 Sq. Ft
3 BHK
₹6.50 Cr
1507 Sq. Ft
New Launch Possession Jun 2028
Number of Units 58
Total area 0.1 acres
Available Configurations
1 BHK
₹2.45 Cr
474 Sq. Ft
1 BHK
₹2.46 Cr
476 Sq. Ft
2 BHK
₹3.08 Cr
597 Sq. Ft
2 BHK
₹3.12 Cr
604 Sq. Ft
New Launch Possession Apr 2029
Number of Units 36
Total area 0.24 acres
Available Configurations
1 BHK
₹2.43 Cr
405 Sq. Ft
1 BHK
₹2.65 Cr
442 Sq. Ft
2 BHK
₹3.51 Cr
613 Sq. Ft
2 BHK
₹3.85 Cr
673 Sq. Ft
3 BHK
₹7.05 Cr
1233 Sq. Ft
New Launch Possession Jun 2029
Number of Units 30
Total area 0.23 acres
Available Configurations
2 BHK
₹9.06 Cr
707 Sq. Ft
3 BHK
₹13.48 Cr
1052 Sq. Ft
3 BHK
₹21.48 Cr
1676 Sq. Ft
4 BHK
₹24.81 Cr
1936 Sq. Ft
4 BHK
₹29.49 Cr
2301 Sq. Ft
New Launch Possession Dec 2031
Number of Units 34
Total area 0.27 acres
Available Configurations
1 BHK
618 Sq. Ft
2 BHK
830 Sq. Ft
3 BHK
1134 Sq. Ft
4 BHK
1891 Sq. Ft

Price On Request

New Launch Possession Dec 2031
Number of Units 116
Total area 0.12 acres
Available Configurations
1 BHK
448 Sq. Ft
1 BHK
541 Sq. Ft
2 BHK
595 Sq. Ft
2 BHK
690 Sq. Ft
3 BHK
931 Sq. Ft

Price On Request

New Launch Possession Dec 2030
Number of Units 22
Total area 0.49 acres
Available Configurations
1 BHK
448 Sq. Ft
1 BHK
479 Sq. Ft
2 BHK
653 Sq. Ft
3 BHK
865 Sq. Ft

Price On Request

New Launch Possession Sep 2029
Number of Units 90
Total area 0.2 acres
Available Configurations
1 BHK
₹3.62 Cr
426 Sq. Ft
1 BHK
₹4.25 Cr
500 Sq. Ft
2 BHK
₹5.01 Cr
589 Sq. Ft
2 BHK
₹6.83 Cr
803 Sq. Ft
3 BHK
₹9.94 Cr
1169 Sq. Ft
New Launch Possession Dec 2028
Number of Units 42
Total area 0.15 acres
Available Configurations
1 BHK
₹1.81 Cr
425 Sq. Ft
1 BHK
₹1.87 Cr
440 Sq. Ft
New Launch Possession Dec 2028
Number of Units 31
Total area 0.1 acres
Available Configurations
1 BHK
293 Sq. Ft
1 BHK
460 Sq. Ft
2 BHK
602 Sq. Ft
2 BHK
728 Sq. Ft
3 BHK
947 Sq. Ft
3 BHK
1095 Sq. Ft

Price On Request

New Launch Possession Dec 2033
Number of Units 46
Total area 0.66 acres
Available Configurations
2 BHK
1321 Sq. Ft
3 BHK
1855 Sq. Ft
4 BHK
2246 Sq. Ft
5 BHK
2936 Sq. Ft

Price On Request

New Launch Possession Dec 2031
Number of Units 122
Total area 0.6 acres
Available Configurations
1 BHK
₹3.38 Cr
376 Sq. Ft
1 BHK
₹3.68 Cr
409 Sq. Ft
2 BHK
₹9.38 Cr
1042 Sq. Ft
4 BHK
₹36.00 Cr
4000 Sq. Ft
New Launch Possession Dec 2029
Number of Units 48
Total area 0.08 acres
Available Configurations
1 BHK
448 Sq. Ft
1 BHK
475 Sq. Ft
2 BHK
₹3.57 Cr
658 Sq. Ft
2 BHK
₹3.72 Cr
690 Sq. Ft
New Launch Possession Dec 2027
Number of Units 18
Total area 0.16 acres
Available Configurations
2 BHK
₹4.49 Cr
897 Sq. Ft
3 BHK
₹5.54 Cr
1108 Sq. Ft
New Launch Possession Dec 2029
Number of Units 88
Total area 0.3 acres
Available Configurations
1 BHK
₹1.89 Cr
451 Sq. Ft
1 BHK
₹2.04 Cr
486 Sq. Ft
2 BHK
₹2.51 Cr
597 Sq. Ft
New Launch Possession Dec 2030
Number of Units 15
Total area 0.47 acres
Available Configurations
4 BHK
5370 Sq. Ft

Price On Request

New Launch Possession Mar 2029
Number of Units 132
Total area 0.3 acres
Senapati Bapat Marg Treated Water Supply 24x7 Water Supply Kids' Play Area New Launch
Available Configurations
1 BHK
537 Sq. Ft
Studio
235 Sq. Ft
Studio
384 Sq. Ft

Price On Request

New Launch Possession Dec 2030
Number of Units 73
Total area 0.17 acres
Available Configurations
1 BHK
425 Sq. Ft
1 BHK
450 Sq. Ft
2 BHK
572 Sq. Ft
2 BHK
631 Sq. Ft
3 BHK
907 Sq. Ft

Price On Request

New Launch Possession Dec 2029
Number of Units 44
Total area 0.19 acres
Available Configurations
2 BHK
517 Sq. Ft
2 BHK
649 Sq. Ft
3 BHK
935 Sq. Ft

Price On Request

New Launch Possession Dec 2029
Number of Units 23
Total area 0.63 acres
Coastal Road 14+ Amenities New Launch Sophia Polytechnic Cathedral School
Available Configurations
2 BHK
778 Sq. Ft
2 BHK
849 Sq. Ft
3 BHK
1170 Sq. Ft
3 BHK
1219 Sq. Ft

Price On Request

New Launch Possession Sep 2028
Number of Units 20
Total area 0.16 acres
Available Configurations
2 BHK
787 Sq. Ft
2 BHK
973 Sq. Ft
3 BHK
1099 Sq. Ft

Price On Request

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  • Mumbai South Mumbai
  • New Launch
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Project Status
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  • Sigma Realtors India Pvt Ltd
  • Pranav Construction
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  • Empire Ventures
  • Lodha
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93+ New Projects in Mumbai South, Mumbai

Mumbai South Launch Market at a Glance

NEW LAUNCHES
93+
In Mumbai South
AVG PRICE
₹53,150 (psf)
Across launches
TOTAL
93+
City-wide launches


What Are New Launch Projects in South Mumbai?

A new launch project in South Mumbai is a residential development that opens for booking while still under construction, with possession set for a future date. You select a unit from the full available spread and settle payment in instalments as the build advances. The 93+ new construction projects in South Mumbai on this page sit within 93 total listings across the belt, covering apartments, villas, penthouses, plots and studios.

Why Is South Mumbai India's Most Closely Watched Luxury Market?

South Mumbai covers the island city's oldest and most prestigious addresses, from Malabar Hill and Cuffe Parade to Worli, Lower Parel and Parel. What sets new residential projects in South Mumbai apart from anywhere else in the country is a simple structural fact: there is almost no fresh land left. Nearly every new building project in South Mumbai today is a redevelopment, replacing an older structure with a modern tower on the same footprint, which keeps genuinely new supply permanently scarce against demand from legacy wealth, family offices and NRI buyers.

Worli has emerged as the corridor where this redevelopment wave is most visible, with contemporary high-rises replacing older mill-era buildings and setting new benchmarks for ultra-luxury transactions in India. Malabar Hill, Cuffe Parade and Altamount Road remain the old-money core, where new construction in South Mumbai is rare enough that each fresh launch becomes a market event in its own right. Lower Parel and Parel, built largely on former textile-mill land, offer the most accessible entry into a South Mumbai address for buyers who want newer inventory and modern amenities. Developers including Lodha, Kalpataru, Rustomjee, Runwal, The Wadhwa Group, Ruparel, Godrej, Chandak, Ajmera, Mahindra Lifespaces are active across this landscape, and MahaRERA registration is mandatory for every project.

Which Part of South Mumbai Fits Your Budget?

  • Malabar Hill and Altamount Road: India's most enduring luxury addresses, where sea-facing new construction is exceptionally rare because almost no fresh development land remains. Legacy families, UHNIs and NRIs dominate this segment.
  • Cuffe Parade and Colaba: seafront redevelopment corridors close to Nariman Point and Fort, popular with global professionals and diplomatic households seeking new buildings in South Mumbai near the business core.
  • Worli: the epicentre of South Mumbai's contemporary luxury wave, where new towers with sea views and modern amenities have overtaken older buildings as the address of choice for ultra-high-net-worth buyers.
  • Lower Parel and Parel: former mill land now hosting high-rise new construction projects in South Mumbai, offering relatively newer inventory, modern specifications and better connectivity than the traditional core.
  • Byculla and Mazgaon: heritage neighbourhoods where redevelopment is opening up a comparatively more accessible entry point into a South Mumbai postcode.

What Is Driving New Construction in South Mumbai?

  • Redevelopment of ageing structures: with almost no vacant land left, nearly all new building projects in South Mumbai now come from replacing older low-rise structures with taller, modern towers on the same plot.
  • Coastal Road: now fully operational between Marine Lines and Worli, the Coastal Road has meaningfully cut travel times across South Mumbai's western edge, adding a fresh connectivity premium to properties along its length.
  • Mumbai Metro Line 3 (Aqua Line): running underground through the island city, this line is improving access to South Mumbai's business districts and is expected to further support values in the surrounding pockets as it becomes fully operational.
  • Sewri Worli Connector: an upcoming link expected to ease movement between the eastern and western flanks of South Mumbai, adding to the corridor's evolving connectivity story.
  • Land scarcity by design: South Mumbai's supply constraint is structural rather than temporary, which keeps genuinely new inventory rare and supports long-term value for whatever new construction does reach the market.
  • Legacy wealth and NRI demand: family offices, industry leaders and the NRI diaspora continue to treat a South Mumbai address as an inter-generational asset rather than a short-term investment, which keeps demand resilient through market cycles.
  • MahaRERA oversight: every new residential project in South Mumbai carries a MahaRERA registration that buyers can verify on the Maharashtra RERA portal before booking.

New Launch Property Types in South Mumbai

Apartments dominate the pipeline across South Mumbai, with penthouses, villas, studios and plots making up a smaller but significant share, concentrated in the redevelopment-heavy corridors.

FormatWhat it offersBest for
ApartmentsHigh-rise redevelopment towers with sea or city viewsLegacy buyers, professionals and NRI investors
PenthousesTop-floor residences with expansive layoutsUHNIs and family offices seeking a signature address
VillasIndependent bungalow-style residences, where still availableBuyers wanting rare standalone privacy in the island city
StudiosCompact units in select redevelopment towersRental investors and single professionals
PlotsMahaRERA-registered redevelopment land parcelsLong-horizon investors and boutique developers

Picking the right size

New residential projects in South Mumbai run from 2 BHK through 5 BHK and penthouse formats, with 3 and 4 BHK the most active configurations across the belt. Who each tends to suit:

ConfigurationTypically Suits
1 BHKCompact entry-level units for professionals and rental investors
2 BHKProfessionals and smaller households wanting a South Mumbai address
3 BHKFamilies and NRI buyers, the most active configuration in the belt
4 BHKLarger households and premium buyers in Worli and Lower Parel towers
5 BHKLarge-format homes for premium and multi-generational buyers

Reading New Launch Prices in South Mumbai

What is the average new launch price in South Mumbai?

New launches across South Mumbai average ₹53,150 (psf), against a Mumbai-wide average of ₹30,950 (psf). The range within the belt is exceptionally wide: Malabar Hill and Altamount Road sit at the very top, Worli and Cuffe Parade follow closely behind, and Lower Parel, Parel and Byculla offer the most accessible entry into a South Mumbai address. Many listings carry Price on Request, reflecting the bespoke, negotiation-driven nature of ultra-luxury transactions in this belt.

How do I compare prices within South Mumbai?

Filter to a single locality before comparing on price, since Malabar Hill and Lower Parel operate on entirely different pricing logic within the same broader belt. Comparing Least Price and Highest Price within one locality and configuration gives the clearest read on where a launch sits.

Developers and Projects in South Mumbai

Who is building new residential projects in South Mumbai?

Active developers across South Mumbai include Lodha, Kalpataru, Rustomjee, Runwal, The Wadhwa Group, Ruparel, Godrej, Chandak, Ajmera, Mahindra Lifespaces. All new projects must carry MahaRERA registration, which buyers can check on the Maharashtra RERA portal before a site visit. Given the redevelopment-heavy nature of this market, also verify the developer's approvals discipline and track record in dense urban redevelopment specifically.

What is happening across Mumbai right now?

New properties in South Mumbai extend well beyond the current new launch pipeline; buyers exploring new projects in South Mumbai more broadly can also look at ready and under-construction stock. Beyond South Mumbai, new launches drawing attention across Mumbai include Kalpataru Vian, Mahindra Rainforest, LnT Ahana, Purva Estrella, Mahindra Marina 64, averaging ₹30,950 (psf). Established Mumbai developments across all stages include Arihant Aspire, LnT Crestoria Estate, Hiranandani Fortune City, Godrej Green Terraces, Godrej Nexspace. Cross-check any project on MahaRERA before proceeding.

Shortlisting New Launches in South Mumbai

  1. Pick your locality. Decide between Malabar Hill, Cuffe Parade, Worli, Lower Parel and Byculla, then filter.
  2. Set type and size. Choose apartment, penthouse, villa or studio, then apply the configuration filter.
  3. Check redevelopment status. Confirm whether the project is a fresh development or a redevelopment, and review the underlying land title accordingly.
  4. Verify MahaRERA. Check the MahaRERA number, the possession date and the escrow terms before scheduling a site visit.
  5. Review the developer. Confirm delivery on earlier South Mumbai projects, especially redevelopment track record, before any payment.

More South Mumbai and Mumbai Pages

These pages cover other parts of the South Mumbai and Mumbai market.

Looking forGo to
All projectsProjects in South Mumbai
Ready nowReady to move projects in South Mumbai
Still buildingUnder construction projects in South Mumbai
All Mumbai newNew projects in Mumbai

Stamp Duty and Registration Charges in South Mumbai

Add these government charges on top of the quoted price. Mumbai follows Maharashtra's stamp duty structure, with rates that vary by ownership type.

ChargeRate
Stamp Duty (Male ownership)6%
Stamp Duty (Female ownership)5%
Stamp Duty (Joint ownership)5.5%
Registration Charges1% of the total value

New Launch FAQs for South Mumbai

Q: How many new launch projects are there in South Mumbai?

A: South Mumbai currently has 93+ new residential projects open for booking within 93 total listings. Across Mumbai there are 93+ new launches.

Q: What is the average price for new launches in South Mumbai?

A: New launches in South Mumbai average ₹53,150 (psf), against a Mumbai-wide average of ₹30,950 (psf). Malabar Hill and Altamount Road sit at the top of the range; Lower Parel and Byculla offer the most accessible entry.

Q: What types of property are available in new residential projects in South Mumbai?

A: Apartments lead the pipeline, with penthouses, villas, studios and plots also available, concentrated in the belt's redevelopment-heavy corridors.

Q: Which part of South Mumbai has the most new building projects?

A: Worli and Lower Parel currently see the most redevelopment activity and new supply. Malabar Hill and Cuffe Parade see rare, high-value launches given their near-total land scarcity.

Q: What is driving new construction in South Mumbai?

A: Redevelopment of ageing structures on scarce land, the fully operational Coastal Road between Marine Lines and Worli, Mumbai Metro Line 3, the upcoming Sewri Worli Connector, and sustained legacy wealth and NRI demand are the main drivers.

Q: Who are the active developers in South Mumbai?

A;They include Lodha, Kalpataru, Rustomjee, Runwal, The Wadhwa Group, Ruparel, Godrej, Chandak, Ajmera, Mahindra Lifespaces. Projects currently drawing enquiries include Godrej Trilogy, JP Codename Matunga Origins, Rustomjee Vista Bay, Embassy Citadel, Runwal Malabar.

Q: What are the stamp duty and registration charges in Mumbai?

A: Mumbai follows Maharashtra's rates: 6% for male buyers, 5% for female buyers and 5.5% for joint ownership. On top of that, registration takes another 1% of the property's total value.

Q: What does a new launch mean in South Mumbai?

A: A new launch is a residential development that opens for sale while under construction, with possession set for a future date. You reserve a unit early and pay in stages as the build advances.

Q: What should I check before booking a new property in South Mumbai?

A: Verify the MahaRERA registration and possession date, confirm whether the project is a redevelopment and review the underlying land title, and check the developer's completion record before making any payment.

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